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Economic
Healthcare: Diabetes and obesity cases go up
Tuesday, June 19, 2012
The diabetes and obesity cases are ever higher, the most alarming aspect being the fact that type-2 diabetes is ever more frequent with children and teenagers. The chairman of the International Federation of Diabetes Constantin Ionescu Targoviste told the National Congress of Nutrition Diseases and Diabetes, in Sibiu (central Romania).'It means that patients suffering from diabetes have to keep the disease ...
Agriculture: Government has approved new measures to facilitate access to APDRP funds
Tuesday, June 19, 2012
The Government approved, on Wednesday, June 13, a draft Emergency Ordinance amending and supplementing certain legislation pieces on guarantees in the agriculture and rural development field, the Ministry of Agriculture and Rural Development (MADR) informs in a release remitted on Thursday. The OUG aims to govern guarantees for facilitating beneficiaries' access to the down payment granted through the contracts concluded with the Rural Development and ...
Deadline for liberalization of land market will not change
Tuesday, June 19, 2012
There is no chance that the deadline for liberalization of land market will change, European Affairs Minister Leonard Orban told AGERPRES on Monday.'We have to amend the Treaty of Accession and this involves a process, even in the simplified procedure. It is a process that still requires ratification of that amendment by the parliaments of all Member States. So, it is excluded. I have informed my colleagues that, given the constraints and the ...
Romania, highest number of agricultural exploitations, yet one of smallest exploitation surface areas EU-wide
Tuesday, June 19, 2012
Romania has the highest number of agricultural exploitations, yet one of smallest exploitation surface areas EU-wide, with an average of 3.5 hectares, said Claudia Petrescu, a researcher at the Institute for the Quality of Life of the Romanian Academy (ICCV). 'In EU statistics, only Malta lags behind us in this respect, with farmland division being one of the causes', said the ICVV researcher, in a seminar on farmers associations and communal forests. ...
Trade: First leader change in modern trade history: Kaufland exceeds Metro and Carrefour
Tuesday, June 19, 2012
Kaufland German chain in the past two years managed to tip the chart of largest retailers in Romania and to occupy the first position, after it exceeded Carrefour in 2010.In 2011, it also surpassed Metro Cash&Carry, which has been a leader every year since 1996, the year of modern trade launching in Romania.Kaufland, one of the most discreet retailers on the local market, registered last year over 1.35 billion euro businesses, over 20 ...
High-end brands add Bucharest on their expansion map
Tuesday, June 19, 2012
Despite the harsh economic climate that plagues Romania as well, the high-end brands still include Bucharest on their expansion map, according to the latest Capital Property Advisors analysis sent to Agerpres. 'Known in the past as the luxury haven in Romania, Calea Victoriei (Victory Avenue) became a shopping area of the opposites. We can thus find an area of utmost interest for the luxury brands between Piata Amzei Street and Episcopiei Street, with ...
Real Estate: Flats' prices decline even to half, Bucharest - most expensive city
Tuesday, June 19, 2012
New flats' prices in Romanian declined in the past years between 26.5 percent and 54 percent. Bucharest is a champion in discounts, especially in studios, according to a survey carried out by imobiliare.ro portal.The cheapest studios can be found in Iasi, where the average price requested by developers currently stands at 32,324 euros. Buyers can find offers even below 30,000 euros in some areas. In most of the other large cities under survey, except ...
Analysis: Luxury residential market dominated by rentals
Tuesday, June 19, 2012
The luxury residential market in Bucharest has been dominated this year by rentals, monthly budgets for such properties varying between 3,000 and 20,000 euro, according to an analysis of the consulting company DTZ Echinox. The company concluded renting transactions for the luxury residential segment whose cumulated value exceeds 500,000 euro annually. Rentals have registered a 100% increase compared to the same period of ...
Houses in Romania the most crowded in EU
Tuesday, June 19, 2012
More than half of dwellings in Romania are very crowded, the highest level in EU 27, compared to the EU average of 20%. Romania is the country with most dwellings inhabited by their owners, according to the president of Alpha Bank, Sergiu Oprescu. The overcrowded dwelling is the one where the number of rooms is smaller than the number of adult persons in the household. 55% of houses in Romania are in this situation, compared to 17.6% at EU level, 22% in the Czech ...
Telecom.IT: Number of subscribers to fixed telephony increases and traffic decreases
Tuesday, June 19, 2012
The number of subscribers to fixed telephony increased in 2011, while the voice traffic decreased except for the one to mobile networks, according to the report on fixed telephony services for the second half of 2011, released by the National Authority for Management and Regulation in Communications in Romania (ANCOM).Therefore, according to the data provided by the 49 active telephony suppliers, in the second half of 2011 the number of access lines ...
Orange Romania to reduce roaming tariffs
Tuesday, June 19, 2012
Orange Romania will cut the standard roaming tariffs for voice calls, data and SMS in accordance with the European Union regulation, effective from 1 July. When travelling within the EU, Orange customers will pay EUR 0.29 (VAT excluded) per minute for calls made to EU countries, EUR 0.08 per minute for incoming calls, EUR 0.09 per SMS sent, and EUR 0.70 per MB. In addition, as of 5 June, Orange Romania launched new offers ...
Vodafone Romania to lower roaming tariffs
Tuesday, June 19, 2012
Vodafone Romania will cut its standard roaming tariffs for voice calls, data and SMS in accordance with the European Union regulation, effective from 1 July. The price reduction applies to the Vodafone World roaming service calls within the EU, Switzerland, Iceland, Liechtenstein and Norway (Zone 1 Vodafone World) as well as for calls received from Zone 1. When travelling within the EU, Vodafone customers will pay EUR ...
Tourism : Investors asked for grants of 285 million euro, exceeding budget
Tuesday, June 19, 2012
The Payment Agency for Rural Development and Fishing (APDRP) received over 17 April – 16 May over 2,000 requests to finance rural tourism through PNDR, the grants of 285.6 million euro requested exceeding the available budget of 186.5 million euro. Projects presented refer mainly to investments in tourist infrastructure (1,317 projects) , recreation (528 projects) and for information centers and tourist marking (161 ...
Infrastructure : Road infrastructure will dominate construction sector in Romania
Tuesday, June 19, 2012
In the next two years the civil construction sector will be the main growth engine of the building industry in Romania, due to the infrastructure projects financed by EU, the Italian Foreign Trade Institute writes, quoting a study presented by a Polish market research company for Central and Eastern Europe – PRM, according to the Italian financial site portalino.it. The evaluation made by the study shows that the business ...
Cars : Turnover of cars and motorcycles trade drops 4.8 percent in April
Tuesday, June 12, 2012
The turnover of trading cars and motorcycles dropped in April 2012 compared to March as non-seasonally adjusted series by 4.8 percent and by one percentage point with seasonal adjustment and working-day correction, according to data released on Monday by the National Institute of Statistics.The non-seasonally adjusted trend of the turnover for both wholesale and retail, cars maintenance and repairs in April 2012 was caused by the scarcer trade with ...
Telecom.IT: 13.4 percent increase in number of Romanian Facebook users in June
Tuesday, June 12, 2012
The number of Romanian users of Facebook socializing network in June this year reached almost 4.72 million, increasing 13.4 percent compared with the previous month, out of which most of them (29.1 percent) were registered in Bucharest, reveal the statistic data gathered by the Facebrands.ro portal.The official data show that over 4.1 million (87.41 percent) of the Romanians having a Facebook account have set their city they live in and the prevailing ...
Infrastructure : Transilvania Airport of Targu Mures joins ATOM pilot project
Tuesday, June 12, 2012
The Transilvania Airport of Targu Mures has joined the Schiphol Airport of Amsterdam as partner in an ATOM research project financed by over 5 million euros worth of European funds, as the only Romanian airport to take part in this project aimed at increasing passenger safety.'The ATOM , airport detection and tracking of dangerous materials by passive and active sensors arrays, is a research and development project which objective is to create a ...
Infrastructure at 2nd Bulgaria-Romania Danube Bridge 90% Completed
Tuesday, June 12, 2012
The second bridge linking Bulgaria and Romania across the Danube has been completed at 81%, the Spanish construction firm FCC announced Monday. The adjacent infrastructure of the Vidin-Calafat bridge has been completed more than 90%, with the so called Danube Bridge 2 expected to be fully operational at the end of 2012. The builders have already launched into operation some of the road ...
Danube Strategy: Transport ministers to cooperate on navigability
Tuesday, June 12, 2012
On the initiative of the Commission, the transport ministers of the riparian states of the Danube met for the first time today in Luxembourg and agreed on a declaration setting out a number of commitments to avoid a repeat of last autumn's navigation standstills on the river. The declaration reasserts existing obligations to maintain the fairway to a good standard and undertakes measures to tackle problems like low water or ice. The ministers ...
Real Estate: Construction work volume up 26.9 pct this April
Tuesday, June 12, 2012
Construction work volume surged by 26.9 percent in April 2012 compared to March as gross series and by 11.5 percent as working day and seasonally adjusted series, according to figures released by the National Institute of Statistics (INS). Compared to April 2011, the volume of construction works increased both as gross series and as working day and seasonally adjusted series by 22.8 percent and 18.7 percent respectively, Agerpres ...